Quality of Life in Raleigh, NC on a $99,440 Salary

Overview of Cost of Living

• Comparison to National Average: Raleigh's cost of living is slightly below the national average, making it an attractive city for those seeking a balanced budget.
• Essential Expenses: Everyday expenses like groceries, utilities, and transportation costs are relatively moderate, allowing residents to maintain a comfortable lifestyle.

Housing Market

• Median Home Price: As of recent data, the median home price in Raleigh is around $400,000.
• Affordability: With a $99,440 annual income, potential homeowners may find the mortgage on a median-priced home to be manageable, especially when compared to larger metropolitan areas.
• Rental Market: Renters will also find various options, with median rent prices slightly below the national average for major cities.

Quality of Life

• Work-Life Balance: Raleigh offers a favorable work-life balance with plenty of recreational opportunities, cultural attractions, and community events.
• Outdoor and Leisure Activities: The city's abundant parks, greenways, and proximity to natural attractions provide residents with various outdoor activities.
• Community and Safety: Known for its welcoming community and relatively low crime rates, Raleigh ensures a secure environment for families and individuals.

Healthcare Access

• Healthcare Facilities: Raleigh boasts a robust healthcare system with access to numerous hospitals, specialist clinics, and general practitioners.
• Cost of Healthcare: Healthcare costs align closely with the national average, ensuring affordability for residents.

Quality of K-12 Schools

• Educational Opportunities: Raleigh is home to numerous highly-rated public and private K-12 schools, providing excellent educational opportunities.
• School Resources and Extracurriculars: Schools in Raleigh are known for their quality resources and diverse extracurricular programs, which are beneficial for student development.

Assessment Summary

A $99,440 salary in Raleigh, NC, allows for a comfortable lifestyle with the ability to afford a decent home and enjoy various amenities. The city provides a well-rounded quality of life with access to good healthcare, educational opportunities, and a community-focused environment, making it an appealing place for families and individuals alike.